Southside Bancshares Inc income statement
In fiscal 2025, Southside Bancshares Inc reported revenue of $237m, down 8.1% on the year before and net income of $69.2m, or $2.29 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 149 | 137 | 131 | 129 | 137 | 131 | 173 | 179 | 181 | 213 | 212 | 237 | 239 | 253 | 251 | 258 | 237 | 278 |
| Interest expense | 53 | 45 | 36 | 27 | 18 | 17 | 20 | 29 | 44 | 57 | 71 | 45 | 26 | 41 | 145 | — | — | — |
| Net interest income | 93 | 86 | 95 | 89 | 102 | 107 | 135 | 140 | 144 | 172 | 170 | 187 | 190 | 212 | 215 | 216 | 221 | 233 |
| Non-interest income | 57 | 51 | 35 | 40 | 35 | 24 | 38 | 39 | 37 | 41 | 42 | 50 | 49 | 41 | 36 | 42 | 16 | 46 |
| Non-interest expense | 72 | 71 | 72 | 76 | 82 | 98 | 113 | 110 | 106 | 120 | 119 | 123 | 125 | 130 | 141 | 147 | 151 | 156 |
| Provision for credit losses | 15 | −14 | −7 | 11 | 9 | 15 | 8 | 10 | 5 | 8 | 5 | 20 | −17 | 3 | 9 | 3 | 3 | 3 |
| Income before tax | 62 | 52 | 51 | 42 | 46 | 19 | 51 | 60 | 70 | 84 | 88 | 93 | 131 | 120 | 101 | 107 | 83 | 120 |
| Income tax | 17 | 12 | 10 | 8 | 5 | −2 | 7 | 10 | 16 | 10 | 13 | 11 | 17 | 15 | 14 | 19 | 13 | 21 |
| Net income | 44 | 39 | 39 | 35 | 41 | 21 | 44 | 49 | 54 | 74 | 75 | 82 | 113 | 105 | 87 | 88 | 69 | 99 |
| Diluted EPS | $2.68 | $1.94 | $1.96 | $1.82 | $2.09 | $0.99 | $1.61 | $1.81 | $1.81 | $2.11 | $2.20 | $2.47 | $3.47 | $3.26 | $2.82 | $2.91 | $2.29 | $3.31 |
| Diluted shares (average) | — | 20m | 20m | 20m | 20m | 21m | 27m | 27m | 30m | 35m | 34m | 33m | 33m | 32m | 31m | 30m | 30m | 30m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 66 | 64 | 66 | 44 | 63 | 70 | 71 | 74 |
| Net interest income | 54 | 54 | 54 | 56 | 57 | 58 | 57 | 60 |
| Non-interest income | 12 | 10 | 12 | −12 | 6 | 13 | 14 | 14 |
| Non-interest expense | 38 | 37 | 39 | 38 | 37 | 41 | 39 | 39 |
| Provision for credit losses | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Income before tax | 26 | 26 | 27 | 5 | 25 | 28 | 33 | 34 |
| Income tax | 5 | 5 | 5 | 0 | 4 | 5 | 6 | 6 |
| Net income | 22 | 22 | 22 | 5 | 21 | 23 | 27 | 28 |
| Diluted EPS | $0.71 | $0.71 | $0.72 | $0.16 | $0.70 | $0.78 | $0.90 | $0.93 |
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